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i need the figure please ! An electrical engineer wants to deposit an amount P now such that she can withdraw an equal annual amount
i need the figure please !
An electrical engineer wants to deposit an amount P now such that she can withdraw an equal annual amount of A1=$2000 per year for the first 5 years, starting 1 year after the deposit, and a different annual withdrawal of A2=$3000 per year for the following 3 years. How would the cash flow diagram appear if i= 8.5% per year Step by Step Solution
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